Executive Summary
U.K. institutional investors are taking advantage of a lack of bank lending in property by pouring capital into real estate debt. While most institutions stick to the safest real estate debt investments as a means of generating incremental yields, several prominent investment consultants are advising their clients to seek out more attractively priced opportunities in riskier products.
Methodology
Greenwich Associates conducted telephone interviews asking open-ended questions with U.K. investment consultant real estate specialists between August and September 2013.